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Pepperstone - Market Close


I have noticed that Pepperstone pairs jump around a lot at market close (currently 2100 UK time, will change to 2200 UK time after daylight savings).


Major pairs seem fine but when trading exotic pairs like CADCHF and EURSEK we will need to be careful. Spreads increase dramatically too.


In future, it may be worth cancelling stop-losses just before market close when trading exotic pairs and then re-placing the stops once spreads have returned to normal.


Just a thought...

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samuelmorton
samuelmorton
Mar 15, 2019

IC Markets and other brokers do the same. Darwinex simply froze their pairs and spreads and closed trading for 15 minutes at market close. I much preferred this as you know you were safe.

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